Ryanair Trims Passenger Goal, Sees Rivals at Risk on Fuel Cost

Ryanair Holdings pared back its passenger target for fiscal 2027 as it plans a smaller winter schedule to limit exposure to soaring oil prices linked to the Middle East conflict. The Irish budget airline now expects to carry 214 million passengers in fiscal 2027, according to the update. The company said it is adjusting capacity to manage costs while conditions remain volatile. The revision points to continued pressure on the broader low-cost travel market as fuel remains one of the biggest drivers of operating expenses for airlines, particularly during seasonal demand shifts.